Is Westlake Village, CA 91361 a buyer’s or seller’s market?
Westlake Village is a seller’s market. With about 3 months of supply and 13% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 26% of U.S. ZIP codes, and #968 of 1069 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Westlake Village housing market right now
In the three months ending August 31, 2026, 13% of homes in Westlake Village, CA 91361 sold above their list price, the typical home went under contract in 63 days and there were 3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 98 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 21%, homes sold more slowly (53 days then) and the median sale price fell 7% to $1,499,351. Overall, Westlake Village is less competitive than a year ago, which gives buyers more room.
Within Ventura County, homes here sell more slowly than in 83% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county. On our competition score, Westlake Village ranks #968 of 1,069 CA ZIP codes with enough sales (score 30 out of 100).
Nearby, Oxnard 93033 (62% sold over asking) and Ventura 93004 (40% sold over asking) are even more competitive.
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Nearby markets
Camarillo 93010Seller’s market $495 /sq ftCamarillo 93012Seller’s market $498 /sq ftFillmore 93015Buyer’s market $401 /sq ftFrazier Park 93225Buyer’s market $216 /sq ft Browse all markets →Towns like Westlake Village nearby
Find towns like Westlake Village in other states →Where Westlake Village is
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Questions about Westlake Village real estate
Is Westlake Village a buyer’s or seller’s market?
A seller’s market: there were 3 months of supply in Westlake Village, CA 91361 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Westlake Village?
The typical home went under contract in 63 days in the latest three months.
Do homes in Westlake Village sell over asking?
13% of homes sold above their original list price, and the typical sale closed at 97.0% of the list price.
What are property taxes in Westlake Village?
About 1.15% of a home’s value a year in Ventura County, or roughly $4,600 on a $400,000 home.
What is the median home price in Westlake Village?
The median sale price was $1,499,351 in the three months ending August 31, 2026, about $676 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology